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Financial literacy training promises improved performance and higher retention

Selling Essentials RapidLearning Center

Why do high-performance organizations train employees in financial literacy, even if they don’t handle money for the organization? Results of a recent study tell us why. Withstanding the shocks Of course, financial education and training isn’t a panacea. Any reduction in numbers like these has to be welcome.

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The Risks and Considerations of AI for Commission Accounting

The Spiff Blog

Here’s the issue, in this example, AI ignores the bias faced by the female sales rep, who has achieved success despite operating in a male-dominant environment and receiving less hands-on training and resources than the male sales rep. The post The Risks and Considerations of AI for Commission Accounting appeared first on Spiff.

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PODCAST 173: Training Leaders Create Leaders with Keith Daw

Sales Hacker Training

In this episode of the Sales Hacker podcast, we have Keith Daw , VP of GSD and Trainer at McDonell Consulting Group , where he ‘Gets Stuff Done’ and teaches the Sandler Training methodology. Know why you’re training your team before you start. Training during the last 15+ months [10:43]. powered by Sounder. Sam’s Corner [28:12].

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The Secret to Sales Rep Motivation

Steven Rosen

The researchers at MIT in a 2005 study for the Federal Reserve Bank concluded that : As long as the task involved only mechanical skills, bonuses and rewards work. But once the task required “even rudimentary cognitive skills” a larger incentive “ led to poorer performance”. Set coaching metrics to hold them accountable.

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How Sales and Marketing Can Collaborate (+Expert Tips)

Hubspot Sales

Case studies. While marketing compiles success stories, sales teams provide real anecdotes and feedback from clients, which makes the case study more authentic and compelling. Training webinars. Sales teams, needing up-to-date product knowledge, benefit from training sessions from marketing.

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The Best Referral Programs Start with a “Referral Culture”

No More Cold Calling

Companies spend embarrassing amounts of money on client events, company celebrations, sales incentives, and work-life balance perks like childcare, but then they skimp on investing in building permanent, repeatable sales skills for their teams. They’ve never had any training to build those skills. Provide ongoing coaching and support.

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Creating the Ideal Performance Culture

SBI Growth

Performance culture is studied in depth in our 2014 Research Tour. Additional inside sellers were brought in to manage small, transactional accounts. Digging deeper into accounts gets a higher share of wallet. Accounts had to be entered in both systems, which required double the reporting. Incentive Programs.

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